Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
My enthusiasm for this market remains tepid, but the trio of charts below are worth sharing. I purchased puts on ANF (August $40) and BURL (September $250) just now, taking advantage of the gap closure. I was thinking of puts on SIVB, but the spreads are too horrible, even for me.
Here in Palo Alto, the weather is very, very dull. You could named virtually any date in the future (“May 15, 2093“) and I could tell you with remarkable accuracy what the high temperature, low temperature, and precipitation would be on that day. Honestly. It could be hundreds of years out, and I’d be right.
Some stocks defy description. Here is symbol DAVE which was another SPAC stock, and it has spent its financial life soaring and plunging. It has done so, thus far, with eerie regularity.
I had forgotten about this, but nearly half a year ago, I did a premium post in which I suggested shorting Charter Communications (symbol CHTR) which was about $700. Here was the chart at the time of the suggestion:
OK, OK, that’s an exaggeration, but hear me out. Disney – – one of the bluest of the blue chips, and one of the most reliable gainers of the past, oh, twenty years, has lost nearly 50% of its value.
